- Wise has posted a London-based job opening for a digital-asset product lead focused on stablecoins, suggesting a possible move into crypto amid improving regulation.
- The position, shared by product director Matthew Salisbury, will explore integrating stablecoin and blockchain capabilities into Wise accounts.
- The shift comes as stablecoin technology gains mainstream traction globally, with new regulations like the US GENIUS Act and similar UK plans shaping the landscape.
Wise is recruiting a digital-asset product lead specialising in stablecoins, a move that may mark the company’s entry into the cryptocurrency market amid growing regulatory clarity worldwide.
The London-based position, shared by product director Matthew Salisbury on LinkedIn, has drawn over 100 applications from candidates with backgrounds in blockchain and digital assets. Salisbury encouraged those experienced in building wallets and payment systems using stablecoins to apply through the listing or contact him directly.
According to the posting, the new hire will join Wise’s Accounts team to explore ways customers could hold digital assets within their Wise accounts. Applicants are expected to have at least five years of product management experience and a record of launching consumer-facing blockchain products. The advertised salary can reach up to £145,000 (AU$298,277) a year.
Wise, previously known as TransferWise, provides international money transfers across more than 160 countries and 40 currencies. In 2024, it reported £979.9 million (AU$1.88 billion) in revenue and £345.6 million (AU$679 million) in profit.
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Stablecoins Gain Ground in Global Payments
The company’s shift comes as stablecoin technology gains traction across payment systems. Visa recently introduced a pilot programme using the USDC and EURC stablecoins for cross-border transactions. Stablecoins are increasingly used by retail customers for low-cost remittances and savings protection, particularly in Latin America and Africa, where currency volatility is high.
The regulatory landscape is also evolving. The United States recently passed the GENIUS Act, creating clear rules for stablecoin issuance. The UK aims to implement its own framework by 2026, though pound-backed stablecoins remain a small share of the market.
Wise has previously been sceptical of blockchain technology, citing a lack of efficiency benefits. However, with major institutions and fintechs now exploring digital assets, the company appears ready to reassess its stance.
Related: Ripple Makes $1B Move: Acquires GTreasury to Supercharge Blockchain Treasury Management
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